Metalyst Forging CMP 66.2
-- Today it went to high of 74 with high volume & breached the 5 Aug ended week high of 73.
As
1. till today it was going up with low volume
2. today it came down with high volume.
3. Daily RSi showing - ve divergance
Expect retracement up to 60, before it moves up again.
The market does speak ...... we only have to listen.
Disclaimer: Investors/traders should carry out their own study and research, and exercise caution before acting on these recommendations.
We will not be responsible for losses purportedly arising from the use of our recommendations
Disclaimer: Investors/traders should carry out their own study and research, and exercise caution before acting on these recommendations.
We will not be responsible for losses purportedly arising from the use of our recommendations
---------- Forwarded message ----------
From: Hemant Barve <barvehn@gmail.com>
Date: 23 September 2016 at 20:54
Subject: Fwd: {LONGTERMINVESTORS} Fwd: Metalyst Forging
To: longterminvestorsresearch@googlegroups.com
From: Hemant Barve <barvehn@gmail.com>
Date: 23 September 2016 at 20:54
Subject: Fwd: {LONGTERMINVESTORS} Fwd: Metalyst Forging
To: longterminvestorsresearch@googlegroups.com
Metalyst Forging CMP 65.65
43 % subsidiary of Amtek Auto. Moving up with that scrip.
Today it crossed 8 Sep week's high of 64.6 by going to 65.85,
with almost 5 times volume that of last week.
Though today it almost locked to 10 % upper circuit, daily RSI is showing - ve divergence.
Expect some retracement before it goes further high.
The market does speak ...... we only have to listen.
Disclaimer: Investors/traders should carry out their own study and research, and exercise caution before acting on these recommendations.
We will not be responsible for losses purportedly arising from the use of our recommendations
Disclaimer: Investors/traders should carry out their own study and research, and exercise caution before acting on these recommendations.
We will not be responsible for losses purportedly arising from the use of our recommendations
---------- Forwarded message ----------
From: Hemant Barve <barvehn@gmail.com>
Date: 7 September 2016 at 20:44
Subject: {LONGTERMINVESTORS} Fwd: Metalyst Forging
To: longterminvestorsresearch@googlegroups.com
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From: Hemant Barve <barvehn@gmail.com>
Date: 7 September 2016 at 20:44
Subject: {LONGTERMINVESTORS} Fwd: Metalyst Forging
To: longterminvestorsresearch@goog
Metalyst Forging CMP 62.5
-- As given in the last mail, it hit the low of 55.15 on 17 Aug & yesterday.
Today it went up with almost 13 times volume that of yesterday to hit 10 % upper circuit.
With this it has breached the weekly resistance of 62.35 ( last week high )
Daily MACD has given BUY signal.
Expect it to settle down at the week end near 58 - 59 where all the daily EMAs are.
Chance to enter to the targets given in last mail.
The market does speak ...... we only have to listen.
Disclaimer: Investors/traders should carry out their own study and research, and exercise caution before acting on these recommendations.
We will not be responsible for losses purportedly arising from the use of our recommendations
Disclaimer: Investors/traders should carry out their own study and research, and exercise caution before acting on these recommendations.
We will not be responsible for losses purportedly arising from the use of our recommendations
---------- Forwarded message ----------
From: Hemant Barve <barvehn@gmail.com>
Date: 6 August 2016 at 23:56
Subject: Metalyst Forging
To: longterminvestorsresearch@googlegroups.com
From: Hemant Barve <barvehn@gmail.com>
Date: 6 August 2016 at 23:56
Subject: Metalyst Forging
To: longterminvestorsresearch@goog
Metalyst Forging CMP 65.6
Fallen from top of 520 24 Nov 2014 to the low of 34.05 Nov 15.
In last month it went to high of 93.1 with high volume
( almost 12 times volume that of previous month) & breached the Apr 16 top of 65.6 .
Monthly MACD has given BUY signal.
But as monthly short term EMA is at 60.55, it is coming down.
Expected to come down below 56, chance to BUY as it's next resistance at
1. 102 Dec 15 top
2. 122.8 monthly long term EMA
The market does speak ...... we only have to listen.
Disclaimer: Investors/traders should carry out their own study and research, and exercise caution before acting on these recommendations.
We will not be responsible for losses purportedly arising from the use of our recommendations
Disclaimer: Investors/traders should carry out their own study and research, and exercise caution before acting on these recommendations.
We will not be responsible for losses purportedly arising from the use of our recommendations
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